TicketMaster-CitySearch Lowers
Expected Proceeds From Offering

An Interactive Journal News Roundup

Updated Nov. 6, 1998 8:31 p.m. ET

USA Network Inc.'s TicketMaster Online-CitySearch Inc. unit filed to sell seven million shares of stock, but the initial public offering will raise less money than originally expected amid a continued sour market for IPOs.

The Pasadena, Calif., company, which sells tickets to live-entertainment events and provides city maps via the Internet, expects the shares of Class B common stock to sell at a range of $8 to $10. If the sale is...